The problem now with the big malls, enclosed, that were booming for many years is the lack of Department stores to anchor. No longer can one store anchor it and a firm like Macy's bought out many other big chains. Speaking from Philadelphia and Balti-Wash areas. They Hechts bought Woodward Lothrop, then they headed North and bought John Wanamaker, the builder of the First Department Store. Then they finagled their way and bought Strawbridge and Clothier. In between buying Lord and Taylor.
So the big Mall in Christiana DE which had Strawbridges, Bamberger's which belonged to Macys, Penneys, and Wanamakers. The beautiful Wanamakers Building was first a Lord and Taylor, but Macy's just wanted one store. Strawbridge's closed a long time now a Nordstrom, the Wanamakers torn down replaced by Target.
So, are they enough stores for a big Mall?
|